It's very telling that hardware is outpacing our own cryptographic techniques. I remember reading an article that stated that all passwords will someday be crackable due the advances in Quantum computing.
By that time we'll all know that your password is "I Love Care Bears 123" :P
Hardware is not outpacing our cryptographic techniques. Go spin up an AWS GPU cluster to break an AES-256-encrypted file and let me know what the bill runs you.
md5crypt is a "poor man's" crypto system, simply because it's built on MD5, which is intended to verify data integrity more than it is designed to hide information. We've known that md5 was broken since 2004, so at this point, anyone actually using MD5-based systems for password hiding really has no excuse.
Quantum computing is a whole 'nother ballgame, and while it does offer the promise of making current encryption schemes more or less obsolete, it's an entirely different ballgame than "chain together a few Radeon cards and crack a DB full of MD5 hashes".
By that time we'll all know that your password is "I Love Care Bears 123" :P